Output of Eight Key Infra Sectors Record Almost Flat Growth at 6% in February

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Output of Eight Key Infra Sectors Record Almost Flat Growth at 6% in February


The development price of eight infrastructure sectors stood at 7.8 per cent in April-February this fiscal as in opposition to 11.1 per cent throughout the identical interval final fiscal.

Barring crude oil, all of the segments put up a rise in manufacturing; crude oil output contracts by 4.9 per cent in February

Production of eight infrastructure sectors recorded an virtually flat development price of 6 per cent in February as in opposition to 5.9 per cent in the identical month final yr, based on official information launched on Friday. The output of core sectors had elevated by 8.9 per cent in January 2023.

Barring crude oil, all of the segments posted a rise in manufacturing. Crude oil output contracted by 4.9 per cent in February.

The development price of eight infrastructure sectors — coal, crude oil, pure gasoline, refinery merchandise, fertilisers, metal, cement and electrical energy — stood at 7.8 per cent in April-February this fiscal as in opposition to 11.1 per cent throughout the identical interval final fiscal.

Core sector or key infrastructure industries, which have a 40.27 per cent weight in the general index of industrial manufacturing (IIP), would have a bearing on industrial manufacturing information for the month.

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(This story has not been edited by News18 employees and is revealed from a syndicated information company feed)



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